Termination For Cause

Termination For Cause. The meaning provided in Agreement paragraph 6(a)

Termination For Cause. The meaning provided in Agreement paragraph 7(a).

Termination For Cause. A termination of Employee's employment by the Company due to the occurrence of any of the following: (1) Employee's continued failure to substantially perform Employee's duties and responsibilities after written demand for substantial performance is delivered by the Company specifically identifying the manner in which the Company believes Employee has not substantially performed Employee's duties and responsibilities; (2) Employee's engaging in an act or acts of misconduct which result in, or... are intended to result in, material damage to the Company's business or reputation; (3) Employee's material violation of, or failure to comply with, any material written policy of the Company which specifically provides that Employee may be dismissed (or Employee's employment terminated) as a consequence of any such violation or failure to comply, or (4) Employee's conviction of (or plea of guilty or nolo contendere to a charge of) any felony, or any crime or misdemeanor involving moral turpitude or financial misconduct View More

Termination For Cause. Termination on account of the occurrence of any of the following events: (i) the Participant's malfeasance or nonfeasance in the performance of the material duties or responsibilities of his or her position with the Company or any of its subsidiaries, or failure to timely carry out any material lawful and reasonable directive of the Company, in each case if not remedied within fifteen (15) days after receipt of written notice from the Company describing such malfeasance, nonfeasance or failure;... (ii) the Participant's embezzlement or misappropriation of any material funds or property of the Company or any of its subsidiaries or of any material corporate opportunity of the Company or any of its subsidiaries; (iii) the conduct by the Participant which is a material violation of this Plan or any other agreement between the Participant and the Company or any of its subsidiaries or affiliates in each case, that is not remedied within fifteen (15) days after receipt of written notice from the Company describing such conduct; (iv) any material violation of any generally applicable written policy of the Company previously provided to the Participant, the terms of which provide that violation may be grounds for termination of employment in each case, that is not remedied within fifteen (15) days after receipt of written notice from the Company describing such conduct; (v) the commission by the Participant of an act of fraud or willful misconduct or Participant's gross negligence, in each case that has caused or is reasonably expected to result in material injury to the Company or any of its subsidiaries; or (vi) the Participant's conviction of any felony or of any misdemeanor involving moral turpitude. Any termination for Cause of a Participant shall be effective only upon (i) a determination by the majority of the Board in good faith that Cause exists, (ii) receipt by the Participant of a notice in accordance with Section 13 stating in reasonable detail the facts and circumstances alleged to provide a basis for termination for Cause and (iii) the Participant has been given a reasonable opportunity to be heard by the Board (together with legal counsel) (such opportunity to be given within thirty (30) days of the Participant's receipt of the notice set forth in (ii) above). View More

Termination For Cause. Unless otherwise provided in an Award Agreement, Termination of Employment on account of any act of fraud or intentional misrepresentation or embezzlement, misappropriation or conversion of assets of the Company, Cardinal Health or their Affiliates, as the case may be, or the intentional and/or repeated violation of the written policies or procedures of (1) the Company or its Affiliates by an Employee or (2) Cardinal Health or its Affiliates by a Cardinal Health Participant; provided that for... an Employee or a Cardinal Health Participant who is party to an individual severance or employment agreement defining Cause or a participant in a change in control (or similar) plan defining Cause, except as may be provided in such agreement or plan, "Cause" shall have the meaning set forth in such agreement or plan. For purposes of this Plan, a Termination of Employment shall be deemed to be a Termination for Cause if, after such Termination of Employment, facts and circumstances are discovered that would have justified, in the opinion of the Committee, a Termination for Cause View More

Termination For Cause. Means the Participant's termination of employment with the Employer for Cause (as defined in the Plan) or by reason of the Participant's (i) violation of material Company or Affiliate policies or (ii) breach of non-competition, confidentiality or other restrictive covenants that may apply to the Participant.

Termination For Cause. A termination of Employee's employment by the Company as a result of any of the following (in each case as determined by the Company Board: (i) Employee's willful and continuing failure to perform Employee's obligations hereunder, which failure is not remedied within 10 business days after receipt of written notice of such failure from the Company; (ii) Employee's conviction of, or plea of nolo contendere to, a crime of embezzlement or fraud or any felony under the laws of the United States or... any state thereof; (iii) Employee's breach of fiduciary responsibility; (iv) An act of dishonesty by Employee that is materially injurious to the Company or an Affiliate; (v) Employee's engagement in one or more unsafe or unsound banking practices that have a material adverse effect on the Company or an Affiliate; (vi) Employee's removal or permanent suspension from banking pursuant to Section 8(e) of the FDIA or any other applicable state or federal law; (vii) A material breach by Employee of this Agreement; (viii) An act or omission by Employee that leads to a material harm (financial or reputational) to the Company or an Affiliate; or (ix) A material breach by Employee of Company policies as may be in effect from time to time. Further, a Termination for Cause shall be deemed to have occurred if, within 12 months following the Termination, facts and circumstances arising during the course of such employment are discovered that would have warranted a Termination for Cause. Further, with respect to subsections (i), (vii), (viii), and (ix), Employee shall be entitled to at least 30 days' prior written notice of the Company's intention to terminate Employee's employment in a Termination for Cause, which notice shall specify the grounds for the Termination for Cause; and Employee shall be provided a reasonable opportunity to cure any conduct or act, if curable, alleged as grounds for the Termination for Cause, and a reasonable opportunity to present to the Company Board Employee's position regarding any dispute relating to the existence of any grounds for Termination for Cause. Further, all rights Employee has or may have under this Agreement shall be suspended automatically during (A) the pendency of any investigation by the Company Board or its designee, or (B) any negotiations between the Company Board or its designee and Employee regarding any actual or alleged act or omission by Employee of the type that would warrant a Termination for Cause and any such suspension shall not give rise to a claim of Good Reason by Employee View More

Termination For Cause. Shall mean termination because of, in the good faith determination of the Board, the Executive's: (i) conviction of the Executive by a court of competent jurisdiction of, or entry of a plea of guilty or nolo contendere for, any criminal offense involving dishonesty or breach of trust or any felony or crime of moral turpitude; (ii) commission by the Executive of an act of fraud upon the Company; (iii) willful refusal by the Executive to perform the stated duties reasonably assigned to him by... the Board or set forth in the Executive's job description, which failure or breach continues for more than thirty (30) days after written notice given to the Executive by the Company setting forth in reasonable detail the nature of such refusal; or (iv) willful breach of fiduciary duty or willful misconduct by the Executive or the Executive's commission of an act of moral turpitude that materially and adversely affects the Company or has the ability to do so. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to the Executive a notice of termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than a majority of the disinterested members of the Board that the Executive was guilty of the conduct described above and specifying the particulars of such conduct. View More

Termination For Cause. Shall mean termination of Employee's employment by the Company (or its subsidiaries) by reason of Employee's (i) gross negligence in the performance of his duties, (ii) willful and continued failure to perform his duties (other than such failure resulting from Employee's incapacity due to physical or mental illness) that Employee fails to remedy to the reasonable satisfaction of the Company within 30 days after written notice is delivered by the Company to Employee that sets forth in reasonable... detail the basis of Employee's failure to perform his duties, (iii) willful engagement in conduct which is materially injurious to the Company or its subsidiaries (monetarily or otherwise), or (iv) conviction of, or plea of guilty or no contest to, a misdemeanor involving moral turpitude or any felony. View More

Termination For Cause. Means a termination of Optionee's employment with the Company or its Subsidiaries that is considered to be a Termination For Cause under the Employment Agreement.